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What can a judgment do?

In: Debt Collection [Edit categories]

Answer:

A judgment is bad to have on your credit for a number of reasons.

1) It stays on your credit report for 10 years. Most negative items only stay on for 7 years.

2) Judgments are public record. So anyone can look this up and see this judgment with your name attached to it.

3) A judgment will knock around 100 points or more (depending on what your existing score is) off your credit score.

First answer by Moorecredit. Last edit by Moorecredit. Contributor trust: 2 [recommend contributor ]. Question popularity: 3 [recommend question].

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